The Globe and Mail

Go to the Globe and Mail homepage

Jump to main navigationJump to main content

Globe Investor

News Sources

Take control of your investments with the latest investing news and analysis

Press release from Marketwire

Sandvine Wins Five New Customers

Demand continues for Sandvine's new Policy Traffic Switch 22000

Tuesday, July 26, 2011

Sandvine Wins Five New Customers07:00 EDT Tuesday, July 26, 2011WATERLOO, CANADA--(Marketwire - July 26, 2011) -Attention: Technology Editors Sandvine, (TSX:SVC)(AIM:SAND) a leading provider of intelligent broadband network solutions for fixed and mobile operators, today announced that it has won five new broadband service provider customers: three wireless operators and two DSL access providers. Sandvine has now won more customers in 2011 than the Company did throughout all of fiscal 2010. Customer demand reflected the breadth of Sandvine's network policy control capabilities:Quota Management, to help service providers move from all-you-can-eat data plans to consumption-based service tiers; Network Analytics, to provide actionable reporting and insightful analysis for operators' marketing and business executives; Fairshare Traffic Management, to allocate network resources fairly and efficiently during times of network congestion; VoIP Quality of Experience, to ensure subscribers' satisfaction by monitoring the quality of experience of their VoIP calls. Three of the new customers purchased Sandvine's new Policy Traffic Switch 22000 (PTS 22000) platform, which was announced earlier this year."The market continues to validate the PTS 22000," said Tom Donnelly, Sandvine's EVP Marketing and Sales. "It is an economical solution that provides excellent performance at the network service edge, where Sandvine offers service providers the broadest set of policy options to help improve the subscriber experience, generate new revenue streams and optimize traffic flow."The customers are located in the United States, the United Kingdom, South Africa, Central America and the Caribbean. One of the wins was with Sandvine's newest systems integrator partner, Acision.ABOUT SANDVINESandvine's network policy control solutions focus on protecting and improving the quality of experience on the Internet. Our award-winning network policy control equipment and software helps fixed and wireless and mobile operators better understand network traffic, manage network congestion, create new services and revenues, mitigate traffic that is malicious or undesirable to subscribers, deliver QoS-prioritized multimedia services and increase subscriber satisfaction. With over 200 service provider customers in almost 90 countries, serving hundreds of millions of broadband and mobile data subscribers, Sandvine is enhancing the Internet experience worldwide. For more information, please visit: www.sandvine.comCertain statements in this release constitute forward-looking statements or forward-looking information within the meaning of applicable securities laws and are made pursuant to the "safe harbor" provisions of such laws. Statements related to potential benefits of, and demand for, Sandvine's products or services including statements with respect to the features and benefits that may be achieved through the use of Sandvine's products or services and the relative position of these products vis-à-vis competitive offerings in the industry are forward-looking statements which are subject to certain assumptions, risks and uncertainties. These risks and uncertainties include such factors as rapid technological changes, changes in customer architecture and equipment deployment requirements, the introduction of competing technologies, the risks and uncertainties of new product introductions, dependence on key supplies and other similar factors that may cause the actual results, performance or achievements of Sandvine to differ materially from the results, performance, achievements or developments expressed or implied by such forward-looking statements. Readers are cautioned not to place undue reliance on such statements. Sandvine assumes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.FOR FURTHER INFORMATION PLEASE CONTACT: Sacha DeGrootMEDIA CONTACTSandvine+1 519 880 2232sdegroot@sandvine.comORRick WadsworthINVESTOR RELATIONS CONTACTSandvine+1 519 880 2400 ext. 3503rwadsworth@sandvine.comORAndrew Chubb/Simon BridgesAIM NOMADCanaccord Adams Limited+44 0207 050 6500